Economic Survey 2015-16: Proposal to widen the tax net and phase out exemptions

Feb 27, 2016, at 12:59 am

New Delhi, Feb 26 (IBNS) The Economic Survey 2015-16 tabled in the Parliament on Friday by the Union finance minister Arun Jaitley proposed widening tax net from 5.5 percent of earning individuals to more than 20 percent, reasonable taxation of the better-off individuals with income from Real Estate and Agriculture, and phasing out of the tax exemption practice.

Fiscal deficit target of 3.9 per cent for 2015-16 seems achievable says Economic Survey

Feb 26, 2016, at 08:24 pm

New Delhi, Feb 25 (IBNS) The Economic Survey 2015-16, presented to the Parliament on Friday, by the Union finance minister, stated that the fiscal deficit target of 3.9% for the year 2015-16 seems achievable.

Economic Survey reveals manufacturing sector boosts 2015-16 industrial growth

Feb 26, 2016, at 07:49 pm

New Delhi, Feb 25 (IBNS) The Economic Survey 2015-16 tabled in the Parliamenton Friday by the Union Finance Minister Arun Jaitley states that riding high on the performance of manufacturing sector , industrial sector in India have registered higher growth during 2015-16.

Economic survey emphasizes on improved productivity in agriculture

Feb 26, 2016, at 07:33 pm

New Delhi, Feb 25 (IBNS) Union finance minister, Arun Jaitley, while presenting The Economic Survey 2015-16 in the Parliament on Friday, stressed on the declining growth in agriculture, owing to two consecutive drought years and due to decline in production and area sown of major crops.

Economic Survey 2015-16 predicts over 8 pc growth in next couple of years

Feb 26, 2016, at 06:07 pm

New Delhi, Feb 26 (IBNS) The Economic Survey 2015-16 presented in the Parliament on Friday by Union Finance Minister Arun Jaitley emphasizes that Indian economy will continue to grow more than 7 percent for the third year in succession in 2016-17 helped by a normal monsoon, despite global meltdown.